JAKARTA – Shares of PT Techno9 Indonesia Tbk (NINE) corrected by 9.76% as Thursday afternoon trading (27/2) neared its close. However, the company’s stock remains strong, having grown 3,071% over the past six months.

Based on data from the Indonesia Stock Exchange (IDX) compiled by IDNFinancials today (27/2), NINE's stock stood at IDR 222, down IDR 24 by 16:00 WIB. The highest price reached IDR 270, with the lowest at IDR 222 per share.

In comparison, on Wednesday (26/2), NINE's stock rose by IDR 22 to IDR 246 per share, with a trading volume of 21.86 million shares, valued at IDR 5.37 billion in 257 transactions.

While NINE's stock has fallen 0.89% or IDR 2 to IDR 222 over the past week, it has surged by IDR 215 from IDR 7 per share over the last six months.

It was reported that NINE's board member, Merry Kandou, recently sold 57.6 million shares at IDR 19 per share on Tuesday (25/2). This price is 91.51% lower than the closing price of IDR 224.

In a disclosure quoted on Thursday (27/2), Nuzwan Gufron, President Director of NINE, stated that the sale of Merry Kandou's shares was for investment purposes. (LK/ZH)